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RICS Risk Management
in Construction
RoadshowThis interactive presentation provides you
with information on the RICS Risk
Management in Construction Roadshow
plus further resources on risk
RICS RiskManagement inConstructionRoadshowNovember - December 2015
RICS Risk Managementin ConstructionRoadshow
Manchester - Crowne Plaza Hotel4th NovemberLondon - Grange Holborn Hotel9th NovemberCambridge - Holiday Inn Lakeview17th NovemberBirmingham - De Vere, Colmore Gate2nd December
Gain 3.5 hours Formal CPD
The importance of effective risk identification,
mitigation and management processes to the overall
success of a project is increasingly acknowledged in
the construction industry. RICS is at the forefront of
improving understanding of risk management
techniques.
The Management of Risk guidance note, 1st edition
(June 2015) covers the overarching principles of the
discipline, along with best practice approaches to
implementation.
RICS Risk in Construction Roadshow will build upon
this guidance, covering practical strategies before and
during the project. Covering a range of case studies of
varying degrees of complexity, and supported by the
Institute of Risk Management, this roadshow will
provide timely insights into this developing specialism
in four locations across England.
This series of regional seminars is your opportunity to
find out everything you need to know about IPMS for
Office Buildings. During these seminars you will:
• Learn best practice techniques for identifying,
qualifying, qualifying and mitigating project risk
• Look closely at a range of case studies in which
risk effective management processes contributed
to successful project delivery
• Discuss approaches to risk ownership,
contractual liabilities and supply chain
management
Prices
RICS/PLA member rate - £150 + VAT
Non-member rate - £202.50 + VAT
Groups of 3 or more booking at the same time from
the same company receive a 10% discount. 5 or more
receive a 15% discount. 7 or more receive a 20%
discount. This cannot be used in conjunction with any
other offer from RICS Conferences.
Book your place online today - rics.org/riskroadshow
Key sessions:
Introducing RICS professional guidance note:Management of Risk, 1st edition
Hear RICS best practice on risk identification,
mitigation, quantification and qualification and explore
the fundamentals of shared risk ownership.
Risk identification, assessment and prioritisation
Understand how risk is identified prior to
commencement of the project, including criticality
assessments and risk allocation models. Discuss how
these techniques can bescaled up or down as
appropriate to your own projects.
Risk mitigation and monitoring
How does the project team conduct ongoing and
continuous risk assessment throughout the life time of
the project? How accurate is pre-project risk
assessment?
A closer look at risk ownership models
Put your questions to our panel of experts on models
of risk transfer, share and retention in construction and
what can be learned from proven approaches adopted
by other industries.
Contractor insolvency and supply chain risk
Assess pre-emptive approaches to risk in the supply
chain and learn to better identify early warning signs of
contractor and sub-contractor issues
RICS Risk Managementin ConstrutionRoadshow
1230 - 1730
Manchester - Crowne Plaza Hotel4th NovemberLondon - Grange Holborn Hotel9th NovemberCambridge - Holiday Inn Lakeview17th NovemberBirmingham - De Vere, Colmore Gate2nd December
Gain 3.5 hours Formal CPD
AfterAfternoon Seminar prnoon Seminar programmeogramme
1230 Registration1230 Registration
1300 Chair’1300 Chair’s welcome and intrs welcome and introduction to the dayoduction to the day
1310 Intr1310 Introducing RICS producing RICS professional guidance note:ofessional guidance note:
Management of Risk, 1st editionManagement of Risk, 1st edition
• Strategies for identifying risk
• Risk mitigation techniques
• Risk quantification and qualification
• Risk ownership: transfer, share and retention
13.40 Case study 1: Risk identification, assessment13.40 Case study 1: Risk identification, assessment
and prioritisationand prioritisation
• Introducing the case study
• Project goals, potential risk and opportunities
therein
• Criticality assessments: most-to-least ranking
• Probability
• Consequence
• Approaches to risk allocation: transfer, share or
retention
• Scalable learning
14.20 Case study 2: Risk mitigation and monitoring14.20 Case study 2: Risk mitigation and monitoring
• Implementing risk management plan
• Communication of risk
• Allocation of resources
• Whole-project approaches to risk
• Tracking established risk
• Active management of high probability/high
consequence risks
• Continuous monitoring of low probability/low
consequence risks
• Identifying new risks as they arise
• Evaluating the risk assessment
• Scalable learning
1500 Refr1500 Refreshment breshment breakeak
1530 Panel Discussion: A closer look at risk ownership1530 Panel Discussion: A closer look at risk ownership
modelsmodels
• Risk transfer
• Receiving party valuations
• Risk share
• Provisional quantities
• Price risk arrangement
• Quantitative risk arrangements
• Risk retention
• Managing residual risk exposure
• Risk allowance in cost planning
Panelists
Manchester 04 Nov
Chris Mulligan, Senior Claim Consultant, Willis
Dr. Kevin J. Kane, Committee Member – Risk Specific
Interest Group, Association for Project Management
London 09 Nov
Clinton Douch, Director, Wills
Kenneth Evans, Committee Member – Risk Specific
Interest Group, Association for Project Management
Cambridge 17 Nov
Chris Mulligan, Wills
Derek Wright, Committee Member – Risk Specific
Interest Group, Association for Project Management
Birmingham 02 Dec
Huw Chandler, Risk Engineer, Willis
Keith Gray, Committee Member – Risk Specific
Interest Group, Association for Project Management
1615 Contractor insolvency and supply chain risk1615 Contractor insolvency and supply chain risk
• Advance measures: financial risk assessments
• Preventative measures:
• Contractor selection
• Letters of Intent and implied terms
• Collateral warranties and third party rights
• Performance bonds and parent company
guarantees
• Early indications of contractor difficulty
• Sub-contracting: types of contractor and forms of
contract
17.00 Chair’17.00 Chair’s closing rs closing remarksemarks
17:15 End of seminar17:15 End of seminar
Book your place online today - rics.org/riskroadshow
Speakers for 2015
We have selected the very best experts fromacross the industry for the new RICS RiskManagement and Construction Roadshow
For the full list of speakers visit www.rics.org/riskroadshow
Dr Keith Smith MBA FIRM, Director, Institute of RiskManagement
As a Risk Manager and as a Risk Management
Consultant, Keith has delivered a number of Enterprise
Risk Management systems in a range of industrial
sectors including Construction, Retail and Rail. As well
as system delivery, Keith has also delivered training
and coaching in a number of risk management
techniques to engineers from many different industries
including construction, petro-chemical and energy.
Keith has also been involved in Risk Workshop
activities, executive interviewing programmes and risk
related surveys to understand the complex issues
behind risk management implementations.
Keith continues to be a frequent public speaker and
trainer in risk management and has authored several
published articles on risk and its management.
Keith is a Board Member of the Institute of Risk
Management and Chair of the IRM’s Technical
Committee
Stephen Cresswell, Director, Into Risk Ltd
Stephen Cresswell is an independent analyst and
management consultant specialising in project risk and
forecasting. Sector experience includes Construction,
Civils, IT and Rail with DBOM PFI, NEC & shared pain/
gain contracts on both client and contractor sides in
both the Public and Private Sectors.
Most of his time is spent forecasting the cost, duration
and outcomes of projects, portfolios and programmes.
Examples of special assignments include queue
modelling, inventory sizing, transport revenue
forecasting and forensic analysis of project schedules.
Stephen has developed a framework and tool for
producing more realistic forecasts for complex projects
that has now been used to forecast projects worth
over £25bn. Stephen has also written two influential
white papers critiquing common practices method of
risk based forecasting and prioritising risk.
Dr Elmar Kutsch, Senior Lecturer in RiskManagement, Cranfield School of Management
Being uncomfortable is both a challenge and an
opportunity for Elmar. As a passionate skydiver his
interests, both privately and professionally, revolve
around management of the unexpected. Elmar's first
real exposure to the rather paradoxical world of
uncertainty began in 1998, when he held a variety of
commercial and senior management positions within
the Information Technology (IT) industry. Working for
one of the biggest IT service providers in Germany, he
was responsible for the successful delivery of a
number of large projects, including major roll-out and
outsourcing strategies. Clients included the
Commerzbank, the Deutsche Börse (German Stock
Exchange) and the Polizei Rheinland Pfalz (State
Police Rheinland Pfalz). His passion for the
management of risk and uncertainty in projects then
led him to pursue a career in academia. He served as
a Lecturer in Operations Management at the University
of Surrey and has been at Cranfield since 2007.
In order to raise enthusiasm for his expertise in
managing risk and uncertainty, Elmar engages widely
with industry and advocates of Project Management
worldwide. This includes organisations such as the
Association for Project Management (APM) and the
Project Management Institute (PMI) to discuss the
paradox of traditional Risk Management and essential
behavioural capabilities for managing the unexpected.
Over the past few years Elmar has become involved in
the development of Graduate Programmes and
Customised Executive Development, providing intuitive
and deliverable-based learning methods. He is a
visiting Professor at IÉSEG (France) and is also
associated with Umeå University (Sweden) as a guest
researcher. He publishes widely on aspects of Risk
Management, Resilience and Mindfulness.
Peter Campbell, Director Risk Advantage Limited
Peter is a proactive supporter of Risk Management
and a regular presenter at Risk conferences and
seminars. He held a leading role in the Association for
Project Management as Chairman of their Risk Group,
a post he held for over 10 years, and has worked with
many other professional bodies and Universities
including RICS, ICE, IRM, IGD, APS and NEC3
providing guidance on implementing Risk
Management at Portfolio, Programme and Project
levels. He has written articles on the application and
benefits of quantitative Risk Management and
provides risk and estimating training, workshops and
presentations for commercial clients.
Peter is a British Standards Institution Risk
Management committee member and an author for
the BS31100 risk management Code of Practice.
Through his consultancy, Risk Advantage Limited, he
has extensive experience working on a variety of large
Technical, Communications, IT, Infrastructure,
Construction, Transportation, MoD and HR projects.
Peter has been a contributing author for guides and
books such as ‘Integrating Risk and Earned Value
Management’, the ‘Project Risk Analysis and
Management Guide’, the APM ‘Body of Knowledge’,
‘Prioritising Project Risk’ and the Office of Government
Commerce Management of Risk (MoR). He is
currently working on a book titled ‘A Pragmatic
Approach to Risk Management’.
Mark Lythaby, Associate - Supply ChainIntelligence, Gardiner and Theobald
Mark specialises in major programme supply chain
management and has experience at all levels of the
industry.
Having founded his career within government best
practice organisations (Rethinking Construction and
Movement for Innovation – later became known as
Constructing Excellence), he joined Mace as part of
CLM Olympic Delivery Partner where he was
responsible for the development and implementation
of industry leading supply chain management
practices, but also processes that identified and
removed over £640m of supply chain risk during
procurement and delivery phases.
Following the Olympics he joined Davis Langdon to
demonstrate public sector major programme SCM
could be transferred to private sector clients across
retail, nuclear new build schemes and Crossrail.
Now with Gardiner & Theobald, Mark is looking to
draw upon the wide ranging experience and expertise
developed on the aforementioned programmes,
projects and through strategic market engagement, to
achieve new standards of industry recognised
behaviours and practices for the Thames Tideway
Tunnel project and Transport for London.
Dr Mark Hall
Having trained as a quantity surveyor and worked in
the construction industry for a number of years, both
in the UK and overseas, Mark returned to his studies
to research for a PhD in cultural theory and
international construction management.
After completing his PhD, he worked for several years
as a senior research fellow on the Agile Construction
Initiative in the School of Management at the University
of Bath. In this role, he helped to lead a team of
researchers exploring the potential application of lean
and agile production methods in the building and civil
engineering sectors.
He later moved to the Department of Management at
the University of Bristol, where he worked for several
years as a senior lecturer, heading up the MSc in
Management. While there, he taught operations and
project management, change management,
organizational theory and research methods at
undergraduate and masters level, as well as
supervising several PhD students. At Bristol, Mark
expanded his research interests, looking at
sustainability, the IT industry and, in particular,
behavioural and cultural responses to risk and
uncertainty in projects.
While at Bristol, Mark developed a close research
collaboration with colleagues at Cranfield University.
Their research led from general responses to risk and
uncertainty in projects to a more focused interest in
resilience and reliability and its possible application to
projects of all types.
Recently, Mark took up a senior lectureship in the
Birmingham Business School at the University of
Birmingham. He has taken up the lead of MidEx, a
research and industry exchange project, as well as
teaching project and operations management on
undergraduate, masters and MBA programmes in the
UK as well as the MBA programme in Singapore.
Mark has published his research in leading academic
journals and presented at major, international
conferences. Recently, Mark and his colleagues saw
their book ‘Project Resilience: The art of noticing,
interpreting, preparing, containing and recovering’
published by Gower.
Amy Leader, Project Manager, Pick Everard
Amy Leader BSc (Hons) MRICS is a Project Manager
for Pick Everard based in Bury St Edmunds. Pick
Everard is an independent, multi-professional
consultancy practice within the property, infrastructure
and construction industry.
Amy has used her expertise in managing programme-
centric, complex and demanding needs to deliver a
number live projects within the education sector as
well as programme management of the delivery of
viability reports for future works.
Amy has been an active member of the RICS since
2009 and was elected onto the RICS East of England
Board in 2013 and in the same year she was also
elected onto the RICS national matrcis board and
subsequently became Vice Chair in 2014. She is also
a current RICS East of England regional judge.
Rebecca Gabriel MBA BEngg MAPM APM (Risk)AECOM - Associate, Risk Advisory
Rebecca is an Associate in Manchester and leads the
Risk Advisory service for the North West. Rebecca's
specialism is in risk management and in using a wide
variety of tools and approaches to support the
successful delivery of projects and major programmes.
With over 14 years of Risk and Project Management
experience in various roles and capacity gained by
working on large projects, programmes and
development initiatives, Rebecca possess strong
academic background and hands-on experience with
high energy and capability that takes to ensure that
she gels swiftly with the with the project team, work
successfully in a highly pressurised environment, work
to deadlines and deliver against commitments made.
She is an APM certified Security Cleared risk
practitioner and has a well-rounded background in
people, process, risk and project management. Over
the years, she has gained strong technical and
commercial background working for public and private
sector clients across wide range of sectors such as
Defence, Nuclear, Rail, Highways, IT etc. and
possesses a good understanding of technical and
business issues surrounding the viability of major
projects and programmes.
Dr. Kevin Kane
Dr. Kevin Kane is Co-Director of Salford University’s
Centre for Social Business and Post Graduate Director
for the Operation’s Management Project Management
Unit at the Salford Business School.
Dr. Kane has over 25 years’ experience in risk and
project management especially risk in terms of
regulated risk management systems. He was the
management specialist on the UK Food Standards
Agency team that produced the ‘Safer Food Better
Business’ model of Hazard Analysis Critical Control
Point. This is a ‘user friendly’ mandatory risk
management system that has been approved by the
UK Government, the EU and the Codex Alimentarius
Commission and which is now used in over 200,000
businesses. As an Association of Project Management
(APM) registered project professional and educator, he
has given lectures and presentations on project
governance and particularly on the need for effective
‘whistle-blowing’ policies at home and internationally.
Keith Gray
Keith is a risk management consultant and trainer and
has worked in the project risk management space for
over 20 years. In this time he has helped organisations
develop their project risk processes, using as
guidance the Association of Project Management
‘Project Risk Analysis and Management Guide’, the
Axelos (formerly OGC) ‘Management_of_Risk:
Guidance for Practitioners’ and ‘ISO 31000 –
Principles and Guidelines’.
Keith has also helped organisations to implement and
embed their processes by configuring project risk
management tools, using the tools on assignments,
and training and consulting on risk processes and risk
tools.
Keith’s experience extends across the sectors of
defence and aerospace, oil and gas exploration,
energy utilities, engineering and construction,
infrastructure and telecommunications. He has worked
in the regional areas of North America, Europe Middle
East and Africa, and Asia Pacific
Keith is a member of the Association of Project
Management Risk Specific Interest Group, a member
of the exam panel for the Management_ of_Risk
foundation and practitioner qualifications and has
passed the ISO 31000 Certification Course.
Ken Evans, Chair, Association for ProjectManagement Risk SIG Risk Management Lead,Heathrow Airport Ltd (for Turner & Townsend)
Ken has recently taken over as the Chair of the
Association for Project Management's Risk SIG,
having been a committee member for the last two
years.
After four years at Thames Tideway Tunnel, where, as
Senior Risk Manager, he lead the development of the
processes for risk management during delivery, Ken
recently moved to Turner & Townsend to help support
risk management for Heathrow Airport Ltd's Q6
project delivery portfolio.
As Risk Management Lead for the Heathrow Q6
portfolio, Ken is responsible for the delivery of risk
management on Heathrow's £3.5bn project portfolio
being delivered between 2014 and 2018.
Ken is currently focussed on developing the APM Risk
SIG's new platform of events and publications, which
will relaunch in Q1 2016.
Derek Wright
Derek Wright, Project Manager at Roke Manor
Research Ltd, has worked as a Project Manager in this
contract R&D company for close to a decade. Roke
operates at the leading edge of technology often
breaking new ground, so the PMs working there
regularly run Projects of high uncertainty and risk.
Derek particularly specialises in Product Development;
pulling technology research through to a capability
delivery. Derek is part of the group within Roke that
promotes Risk Management best practice, is a
member of the APM Risk SIG and helped prepare the
Risk Management section of the APM Book of
Knowledge 6th Edition.
Willis Panelists:
Huw Chandler, Risk Control Engineer, Willis GB
Huw is an experienced risk control engineer who
started his career in the Construction Industry with
Amec, before working in a variety of risk engineering
positions focussing on insurance of major international
Property and Construction All Risks (CAR/EAR)
accounts for Allianz Global Risks and XL Insurance.
He worked at XL Insurance for fifteen years and
previously for 9 years at Allianz before starting with
Willis. He has extensive experience in construction
globally and wide knowledge of risk assessment & loss
prevention techniques with a heavy bias towards
construction projects. Whilst at XL he managed the
international risk engineering team and developed
training programs to improve customers risks.
He has worked with project management teams to
develop fire and life safety programs in developing
economies, and successfully deployed new initiatives
to improve both property & life safety internationally.
Huw was one of the initial team who worked to
develop the UK Joint Code of Practice for Fire Safety
on Construction Sites, which is now the basis for
many insurance survey formats, and is experienced in
Advanced Loss of Profits Monitoring (ALOP) and
associated reporting to ensure correct insurance
coverage is applied, and underwriters & clients have
benefited from these initiatives.
Some of the Construction projects Huw has been
involved in include:
Hong Kong International Airport (and associated
infrastructure), Swire Properties (HK), Petronas Towers
in Kuala Lumpur, MTRC (HK), Alexandria National
Library, Jubilee Line Extension, Globe Theatre
Reconstruction, LG Semiconductors, Nokia, Channel
4 headquarters, plus numerous Industrial facility
projects (new build and refurbishment) and various
major international Contractors Annual programs.
Clinton Douch, Executive Director, Willis GB
Clinton joined Willis in 2013 as an Executive Director
following the acquisition of Prime Professions Limited
by Willis Group. Clinton has 30 years’ of experience
within the UK and International PI arena beginning his
career at Lowndes Lambert (now a part of A J
Gallagher) where after 6 years of general PI he moved
to Nelson
Hurst & Marsh (NHM) in order to specialise in
construction and property related PI.
Following the acquisition of NHM by Alexander Forbes,
Clinton continued to follow his specialism within the PI
market ultimately managing the construction and
property team at Alexander Forbes. Having been
acquired by Lockton, Clinton left Alexander Forbes
and, together with a large part of the management
team, moved to set up,
the specialist PI broker Prime Professions which
targeted all professional services providers including
Chartered Surveyors. Chris Mulligan MSc, CEng, MIChemE, Head ofEngineering, Willis GB
Chris is a chartered chemical engineer who joined
Willis in 2009 from Pfizer Ltd. He graduated from the
University of Limerick with a BSc. in Industrial
Chemistry in 2000 and with a Grad. Dip. in Chemical
Engineering in 2001. `Chris also completed a Masters
degree in Process Safety & Loss Prevention at the
University of Sheffield in 2010. Chris is now studying
for his insurance qualifications with the Chartered
Insurance Institute.
Prior to joining Willis he worked for the Pfizer in a
number of organic synthesis plants for over eight years
before starting with Willis. This consisted of working as
a process engineer for > 7 years and as an assistant
operations manager for the remainder of his time
there. He has extensive experience in the areas of
primary manufacturing operations and safety; including
process engineering, project and operations
management. He is experienced in the use of HAZOP,
HAZID, hazardous area classification analysis, risk
assessment, loss prevention techniques etc.
Whilst at Pfizer he managed the safety activities for a
number of organic synthesis manufacturing plants
including leading incident investigations, chairing
monthly safety meetings and implementing safety
improvements. He has managed engineering,
maintenance and operational activities during
campaigns and plant change-over periods. He has
managed shift teams throughout commissioning
activities on major engineering projects and had overall
engineering responsibility for a number of high
hazardous installations.
He has managed/executed all associated
decommissioning activities in bringing a number of
high hazardous installations to a safe state ready for
demolition. He is experienced in various Safety
Management Systems including Permit to Work, hot
work permits, SIL assessment, ESD bypass control,
Isolation best practice etc.
Since joining Willis he has been responsible for co-
ordinating risk assessment meetings, providing training
and providing extensive technical assistance with the
objective of improving the risk profile of clients’
operating facilities. He has worked across a range of
industries including pharmaceuticals, oil and gas,
petrochemicals, inorganic chemicals, beverages and
associated industries worldwide.
Further speakers include:
• Richard Newey, Head of Risk Advisory, AECOM
and Technical Author, RICS professional guidance
note: Management of Risk, 1st edition
• Lorna McHugh, Senior Project Manager, Amey
• Tim Jones, Board Member, RICS Project
Management Global Board
• Martin Stubbington, Associate Director, Built
Environment Professional Group, RICS
• Dolunay Dincel, Risk Consulting Associate,
AECOM
• Andrew Allen, Associate, AECOM
“Effective risk managementprocedures are integral to thesuccess of projects and programmesin the construction industry. With thisin mind, I invite you to attend thisroadshow and share in the vitalpractical, scalable learning on offerwith risk specialists from across
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England. In keeping with the work ofRICS in establishing national andinternational standards forsurveyors, this programme will offera comprehensive overview ofexemplary practice in the field; I lookforward to seeing you there."
Richard Newey, Head of Risk Advisory, AECOM
Sponsor: Willis
Willis Group Holdings plc is a leading global risk
advisory, re/insurance broking, and human capital and
benefits firm. With roots dating to 1828, Willis operates
today on every continent with more than 18,000
employees in over 400 offices. Willis offers its clients
superior expertise, teamwork, innovation and market-
leading products and professional services in risk
management and transfer. Our experts rank among
the world’s leading authorities on analytics, modelling
and mitigation strategies at the intersection of global
commerce and extreme events. Find more information
at our website, www.willis.com
Institute of RiskManagement
IRM is the leading body for professionalrisk management. We help buildexcellence in risk management toimprove the way organisations work.We provide globally recognised qualifications and
training, publish research and guidance and set
professional standards. IRM members work in many
roles, in all industries and across the public, private
and not for profit sectors across the world. We are
independent and not for profit.
High standards of quality and integrity are vital to the
success of the risk profession. Our qualifications,
training, events and thought leadership programme
are underpinned by our professional standards
framework. This defines the knowledge, skills and
behaviours today’s risk professionals need to meet the
demands of an increasingly complex and challenging
business environment.
Find out morFind out moree here..
Stay connectedTwitter, LinkedIn and the RICS RiskManagement in ConstructionRoadshows
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